BST & CO. TO HOST SEMINAR ABOUT NEW LEASE ACCOUNTING STANDARDS ON FEBRUARY 1

ALBANY, New York, January 8, 2018 – BST & Co. CPAs, LLP, one of the Capital Region’s leading financial and management consulting firms, invites bankers and chief financial officers to learn how new financial accounting standards will likely change the way leases and debt are reported on the balance sheet. The seminar titled “Putting Theory into Practice” will take place on Thursday, February 1 from 8 to 10 a.m.

The seminar includes breakfast, presentations, and an interactive question-and-answer session with finance and accounting professionals from BST & Co. and a staff member from the Financial Accounting Standards Board (FASB). Bankers, commercial lenders, relationship managers, underwriters, credit risk managers, chief financial officers and controllers are encouraged to attend.

“With the timeline for implementation of these new accounting standards fast approaching, it is critical that bankers, chief financial officers and finance professionals understand the impact these new accounting standards could have on the balance sheet, and particularly how they may put liquidity ratios at risk,” said BST & Co. Managing Partner Ron Guzior. “We are pleased to present a panel of finance experts to discuss the resources available to assess the impact on loan covenants and how to simplify the implementation process.”

The panel of presenters includes:

  • Michael Cheng, CPA, Private Company Council Coordinator, FASB
  • Kristen Berdar, CPA, Partner, Virtual Business Solutions, Division of BST & Co.
  • Lisa Smith, Partner, BST & Co.
  • Beth van Bladel, CPA, Director, CFO for Hire, Division of BST & Co.

The seminar will be held at Wolferts Roost Country Club at 120 Van Rensselaer Boulevard in Albany. The event is free to attend. Registration is required. To register, visit http://www.bstco.com/putting-theory-practice/.

With roots tracing back to 1944, BST & Co. CPAs, LLP is recognized as one of the largest accounting and consulting firms in upstate New York. The firm offers traditional accounting, auditing and tax services; as well as specialty services related to business valuation, forensic accounting, litigation support, employee benefit plan auditing and consulting, governmental auditing and consulting, merger and acquisition assistance, wealth management and personal financial planning, and estate and gift tax consulting, amongst other services.

The firm is a long-standing member of the RSM US Alliance, a premier affiliation of independent accounting and consulting firms in the United States.

About BST & Co., LLP

BST & Co. CPAs, LLP is as multi-disciplinary financial and management consulting firm headquartered in Albany. Other services of the firm include accounting, auditing, business valuation, forensic accounting and litigation support, tax and management consulting, employee benefit plan auditing and consulting, human resource management and development, healthcare operations consulting, governmental auditing and consulting, merger and acquisition assistance, wealth management and personal financial planning and estate and gift tax consulting.

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